Toshiba to take over LCD joint venture with Panasonic

Apr 01, 2009

The Toshiba building in central Tokyo. Japan's Toshiba Corp. said Wednesday it will buy out its liquid crystal display (LCD) joint venture with Panasonic Corp. for about 20 million dollars in a bid to overhaul the struggling business.

Japan's Toshiba Corp. said Wednesday it will buy out its liquid crystal display (LCD) joint venture with Panasonic Corp. for about 20 million dollars in a bid to overhaul the struggling business.

Sony Corporation and Chi Mei Optoelectronics have agreed on the basic terms of a transaction whereby Sony will acquire CMO' s wholly-owned Japanese subsidiary, International Display Technology.
Sony and CMO have agreed tha ...

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